Aligning Innovation Strategy to Overall Strategy

Session INV2, February 11, 2019

Rasu Shrestha, Chief Strategy Officer, Atrium Health (Moderator)

Karen Murphy, Chief Innovation Officer, Geisinger (Panelist)

Hiten Patel, Chief Technology and Innovation Officer, Rush University Medical Center (Panelist)

Rasu Shrestha, Chief Strategy Officer, Atrium Health

Hiten Patel, Chief Technology and Innovation Officer, Rush

University Medical Center

Karen Murphy, Chief Innovation Officer, Geisinger

have no real or apparent conflicts of interest to report.

Conflict of Interest

• Review basic strategy concepts well enough to align

innovation strategies to succeed

• Recognize key strategy drivers (people, revenue, and cost)

to better align projects to key drivers

• Identify when and how to ask for help, whether internal or

external

• Discuss how to prioritize your projects and tackle

organizational pushback, both passive (structural) and

active

• Consider how you might rapidly accelerate your success by

incorporating new processes

Learning Objectives

Rasu Shrestha

Chief Strategy Officer,

Atrium Health (Moderator)

Karen Murphy

Chief Innovation Officer, Geisinger

Hiten Patel

Chief Technology and Innovation Officer,

Rush University Medical Center

Meet The Panel

Atrium Health

• Located in North and South Carolina

• 10 Nationally Ranked Clinical Programs

(U.S. News)

• 65,000+ Teammates

• 46 Hospitals

• 3,000+ Physicians, 16,000+ Nurses

• $2.03B in Community Investment

• Achieved Stage 7 EMRAM in acute and

ambulatory environments

Rush University Medical Center

• Located in Chicago, IL

• 7 Nationally Ranked Clinical Programs

(U.S. News)

• 2,024 Active Medical Staff

• 2,078 Current Students

• 11,709 Full Time Staff

• 1000+ Staffed Beds

• $124 M Annual Research Revenue

• Achieved Stage 7 on the O-EMRAM Model

Geisinger Medical Center

• Located in Pennsylvania and New Jersey

• Recognized as one of top 100 great

hospitals in the country (Becker’s)

• 11 Acute Care Hospitals

• 253 Primary Care & Specialty Care Sites

• 500,000 Geisinger Health Plan members

• 485 Geisinger Commonwealth Medical

College students

• Achieved Stage 7 on the EMRAM & O-

EMRAM models

A.Yes

B.No

C.Unsure

D.I’m here to figure out what it should be!

Do You Have a Process Around

Innovation?

https://live.eventbase.com/polls?event=himss19&polls=5193

A.Internally

B.Externally

C.Both

D.Unsure

Where are Your Innovation Efforts

Focused?

https://live.eventbase.com/polls?event=himss19&polls=5191

A.Closely Aligned

B.Loosely Aligned

C.Not Aligned

D.Unsure/Don’t know

How Aligned is Your Innovation

Strategy to Your Enterprise Strategy?

https://live.eventbase.com/polls?event=himss19&polls=5192

A.Internal Value Generation

B.Revenue Generation

C.Culture

D.Other

What Are Your Goals in Tracking ROI

for Your Innovation Program?

https://live.eventbase.com/polls?event=himss19&polls=5194

Innovation is Invention Adopted

Invention Adoption

Innovation

If You’ve Seen One Innovation Center…

You’ve Seen One Innovation Center

…And Many More!

Putting a Process Behind Innovation

• Develop the

Innovation Charter

• Organize and Align

on Program Goals

• Analyze the Market

and Evaluate

Opportunities

• Filterthe Noise an

Prioritize Action

• PilotSolutions

• Scale

or Fail

Fast

Do Not Reproduce

Q+A

#HIMSS19

Rasu Shrestha

Chief Strategy Officer,

Atrium Health (Moderator)

@RasuShrestha

Karen Murphy

Chief Innovation Officer, Geisinger

@GeisingerHealth

Hiten Patel

Chief Technology and Innovation Officer,

Rush University Medical Center

@RushMedical

Q+A

Rasu Shrestha

Chief Strategy Officer,

Atrium Health (Moderator)

@RasuShrestha

Karen Murphy

Chief Innovation Officer, Geisinger

@GeisingerHealth

Hiten Patel

Chief Technology and Innovation Officer,

Rush University Medical Center

@RushMedical

Thank You!

Please remember to

fill out a session

survey!